California State University Trustee Stanley T. Wang (pronounced Wong) has given the CSU $1.2 million to fund a scholarship program that will provide CSU students and faculty with the opportunity study, teach and conduct research in China. Over the coming decade, the program will fund 200 student scholarships and 40 faculty stipends.
The Wang Family Scholarship will provide ten, $4,000 one-semester student scholarships each year for a period of ten years to be used for travel and study at the National Taiwan University or the National Tsinghua University in the Republic of China. The fund also will provide matching scholarships for use at universities to be selected in the People's Republic of China.
In addition, the fund will provide annually a $10,000 faculty stipend for a period of ten years for research and teaching at National Taiwan University and another one for use at the National Tsinghua University. It will fund two similar stipends for universities to be selected in the People's Republic of China.
"We must recognize the increasing importance of economic globalization and the need to prepare students to participate in the international business arena," said Wang, a CSU Trustee since 1994. "The fund is designed to provide an opportunity for talented and distinguished faculty and students who will profit from an international learning experience and use this knowledge to contribute to improved business and personal relations between the U.S., The Republic of China and The People's Republic of China. The fund will provide participants an opportunity to experience the possibilities of the global market as I have."
The scholarship programs will be administered by the Academic Affairs Division of the CSU Chancellor's Office, which will prepare the nominations and selection criteria to be used for the selection of students and faculty. The scholarships and stipends could be available as early as the 2001/02 academic year. Two years ago, Wang gave the CSU system $1 million to recognize and reward outstanding faculty and administrators. The Stanley Wang Recognition Award "celebrates those CSU faculty and administrators who through extraordinary commitment and dedication have distinguished themselves by exemplary contributions and achievements in their academic disciplines and areas of assignment." Over a 10-year period, four faculty and one administrator throughout the CSU system will receive $20,000 awards annually.
"The CSU is once again grateful to Trustee Wang for his generosity, commitment to educational excellence, and vision," said CSU Chancellor Charles B. Reed. "His first gift recognized outstanding faculty and staff accomplishments, and this one provides opportunities for faculty and students to gain priceless international business experiences in one of the most important regions in the world."
Wang is founder, president, and chief executive officer of Fremont-based Pantronix Corporation. The company, incorporated in 1974, provides a range of manufacturing services for semiconductor components, sub systems and modules. Pantronix's consumer base is worldwide in the medical, aerospace, telecommunications, automotive, instrumentation and computer industries. He also founded Amertron, a manufacturing facility in the Philippines, in 1989.
Wang earned a bachelor's degree in business management from the National Taiwan University in 1967 and a master of business administration degree from Temple University in Philadelphia in 1970. He is a member of the board of the Asian American Manufacturers Association and founder of the Monte Jade Science and Technology Association.
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